Democracy is the theory that the common people know what they want, and deserve to get it good and hard.
--H.L. Mencken

Tuesday, September 14, 2004

21st Century: Rise of the Market State?

Tech Central Station (one of my favorite places to find intriguing ideas on economic and foreign policy) recently published an article discussing an interesting point. Mr. Scoblete discusses the theory of the Market State, a state far different from the currently dominant Nation State (aka welfare state). The Nation State was built on it's ability to ensure the material well being of its citizens, while the Market State will be built on its ability to provide opportunity for citizens to advance their own well being. Very interesting, particularly for small government conservatives, as he says that government likely won't shrink, merely change focus. Hmmm...